Economy & Markets
The important economic and stock market news that advisors need to know.
Allianz SE Loses Profits, as PIMCO Helps Unit Double Earnings
By Janet LevauxThe European insurer's North American life insurance unit says premiums were "ahead of expectations."
August 03, 2010
Hartford: Economic Pressure on RiseU.S. workers may be feeling the impact of the weak economy more this year than they were last year, according to Hartford Financial Services Group Inc.
August 03, 2010
Income, Spending Flat in June as Pending Home Sales, Factory Orders FellBullish economic news was not to be found on August 3 as personal income and spending were reported flat in June while wages paid fell. Pending home sales declined, and factory orders fell for the second month in a row.
August 02, 2010
All Roads Lead to... Emerging Markets Debt: Searching for Alpha for August 2010Boasting growth rates that would makes much of the developed world blush with envy, emerging market (EM) debt has become all the rage as of late.
August 01, 2010
Asset AllocationBehind the Numbers with Jeffrey Kleintop "We expect the economy and markets will stay on the course for growth in 2010," according to LPL Financial's mid-year...
August 01, 2010
How the Euro-Zone Affects U.S. MarketsThe government debt crisis involving Greece, Spain, Portugal and other European countries has been pretty good for the United States. It provided a moral satisfaction,...
July 30, 2010
Janus, Perkins Link Up to Launch New Income FundJanus Capital Group rolled out Perkins Value Plus Income Fund, the first product it will jointly manage with another firm, on Thursday, July 29.
July 30, 2010
Economic Growth Slowed to 2.4% in Q2, but Michigan/Reuters Index Rose in JulyThe economy grew at a 2.4% pace in the second quarter, the Commerce Department reported Friday, July 30, a little less than economists had predicted and slower than the upwardly revised 3.7% rate for the GDP in the first quarter.